Problematics Accounting Practices for Islamic Households

Abstract

This study aims to determine the current household accounting in Islamic households and the problem is to determine the zakah of Islamic households. The study was conducted by conducting semi-structured interviews with 2 informants. The results showed that Islamic households still use mental accounting in doing household accounting. Information from mental accounting in Islamic households has not been able to meet the information needs of Islamic households in terms of zakah and inheritance. This is because there is no continuous recording and separation of ownership of shared assets.

Household Accounting In Islamic Perspective

“…However, even though the Islamic accounting principles offer valuable benefits, it is possible that some of applying them in managing household finances. Several respondents admitted that they did not know or understand in depth about Sharia accounting (Gustiningsih et al 2021) .…”

“…Research on household accounting has been conducted by (Gustiningsih et al 2021;Anggraeni et al 2022;Purnamasari and Abbas 2022;Siregar 2019;Yuliana, Setiawan, and Auliyah 2020) but with mixed results. The diversity of these results is the basis for the need to carry out further research with different locations, times, samples and data.…”

The Role of Accounting to Increase Awareness of SME in Paying Zakat

“…The muzakki awareness and willingness to pay zakat is sometimes still influenced by the muzakki ability to carry out the process of calculating the amount of zakat to be issued. Muzakki lack of understanding in carrying out calculations will be an obstacle for muzzaki (Gustiningsih et al 2021), especially for muzakki, some of whom are SMEs (Small and Medium Enterprises). SME players often do not carry out accounting activities in their business, so they do not have written information regarding their business finances.…”